Given the demand and supply equations below, show the burden of a 50% tax on the producers. What is the (a) burden, tax revenue? Then replace the % tax with $40 per unit tax. What is the tax burden and tax revenue? P 180 160 740 100 PO GO 40 20 % tax: Unit tax: 100 180 140 burden on consumer burden on consumer 230 240 260 240 burden on producer burden on producer tax revenue tax revenue S Qtr P

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